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Crude Oil Market Structure Looks Weak But It Is Only One Part Of A Complicated Puzzle

November 23, 2015

Editors’ Pick

All signs are pointing lower for crude oil and last week Goldman Sachs told us that the price is likely to fall to $20 per barrel. In my latest piece for Seeking Alpha I look at all of the bearish inputs, and there are lots of them, and explain why crude oil could just surprise the world and rally and why that rally should not come as a surprise.